World Precision Machinery Manufacturing Giant Japan's NTN Settled in Nanjing

On October 8, Japan’s NTN, the world’s leading manufacturer of precision machinery, officially settled in Nanjing. Provincial and Nanjing officials concerned attended the signing ceremony.

As a global top 500 company and the world's third largest bearing manufacturer, Japan's NTN products are widely used in aerospace, transportation, automotive manufacturing, medical equipment and other fields. According to reports, NTN has invested more than US$100 million in the first phase of Nanjing and will build a production base for bearings used in high-speed railways, subways and wind power in the Jiangning Binjiang Development Zone. This is also NTN's largest production base in China. After the design factory is put into production in 2012, it can absorb more than 5,000 industrial workers and the annual production value can exceed RMB 2 billion.

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